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Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While … there is general agreement that carbon pricing should be the centerpiece of Denmark’s mitigation strategy, pricing needs to … strategy Denmark develops can be a good prototype for others to follow. This paper discusses mechanisms to scale up domestic …
Persistent link: https://www.econbiz.de/10013245631
We analyse two mechanism designs for refunding emission payments to polluting firms: output-based refunding (OBR) and expenditure-based refunding (EBR). In both instruments, emission fees are returned to the polluting industry, typically making the policy more politically acceptable than a...
Persistent link: https://www.econbiz.de/10012830988
Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While … there is general agreement that carbon pricing should be the centerpiece of Denmark’s mitigation strategy, pricing needs to … strategy Denmark develops can be a good prototype for others to follow. This paper discusses mechanisms to scale up domestic …
Persistent link: https://www.econbiz.de/10012493041